OWNERS OF STOCK now total 12,490,000, or 45% more than in 1956, reported the New York Stock Exchange. One of every eight U.S. adults owns stock. Women own 52.5% of all shares.
NEW COMMERCIAL JET will be built by Douglas for short to intermediate (up to 1,500 miles) range, and 1963 delivery. The DC-9 will have four Pratt & Whitney turbo-fan engines, carry 68 first-class passengers at 600 m.p.h. Probable delivery price: $3,000,000.
FORD THUNDERBIRDS are flying high with output at 50,000 thus far in model year v. 37,900 for entire 1958 model year. Despite full production at rate 80% higher than...